Posted on 02/04/2016 4:12:49 PM PST by Olog-hai
Congressional Republicans vowed Thursday to kill President Barack Obama's plan to add a $10-per-barrel tax on oil production to pay for "green" transportation projects, with House Speaker Paul Ryan calling it "dead on arrival" and "an election-year distraction."
"The president expects hard-working consumers to pay for his out-of-touch climate agenda," the Wisconsin Republican said. "A $10 tax for every barrel of oil produced would raise energy prices -- hurting poor Americans the most." [...]
President Obama will include the plan in his budget proposal that he will present to Congress on Tuesday. The fee will be phased in over five years, providing $20 billion every year for traffic reduction, expanding investment in transit systems and new modes of transportation like high-speed rail.
It would also revamp how regional transportation systems are financed, providing $10 billion to encourage investment that lead to cleaner transportation options. ...
(Excerpt) Read more at newsmax.com ...
That last part should read 10 billion for dem donors.
Can the Caliph do it via exec order?
If you like your under-$2 a gallon gasoline, you can keep your under-$2 a gallon gasoline.
I like to call it "The Shared Transportation Responsibility Fee".
Only those EVIL Big Oil Companies will have to pay it.
The little oil companies, like Bob's Gasoline-Cracking and Firewood Bundles Company, won't have to worry about it, and neither will us proles.
Ryan will cave, it’ll be negotiated to a $7 tax by some Gang of 8.
They said a similar thing about planned parenthood....
they will cave, they don’t want to make Kind Obama sad
kind=king
Don't these bills have to START in congress ?
I’m sure the Boy-King is terrified.
This clown is reduced to childish gestures to impress his dwindling childish supporters.
Obama was hoping that we would all overlook this little nasty reality. He was expecting the media to help spread the fairy tale that those evil, money grubbing oil companies would pay the taxes. Nothing for you peasants to worry about.
Based upon recent history, this means they support it. They will be shamed by a petulant president who will insist that Republicans are trashing good paying jobs and refusing to make the investments necessary to move America forward.
And then they will cave in on the idea. Paul Ryan will offer mild amendments.
All these people can go straight to hell.
countdown until the GOP passes it in 3...2...1...
That will last about a day.
Paul Rino called it DOA? What’d he do - borrow someone’s jockstrap for a day?
Right but probably $9.
Worth repeating, ASD. Thanks.
All these CRIMINALS can ESAD and go straight to hell.
Well, they haven’t said “tooth and nail” yet so the surrender is not yet certain.
Obama is a Politburo unto himself these days.
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